Elizabeth Ann Thompson of Gloucester Massachusetts a stockbroker formerly employed by Citizens Securities Inc. has been discharged on September 24, 2018 founded on accusations that Thompson maintained signed blank forms from customers to effect securities transactions.
This is not the first time that Thompson has been terminated from a FINRA member brokerage firm based upon allegations of his misconduct in reference to documentation. Particularly, Thompson was previously registered with Fifth Third Securities. Thompson was terminated from that firm on August 4, 2006 supported by accusations of altering documentation pertaining to a customer’s mutual fund transaction.
FINRA Public Disclosure additionally reveals that on December 6, 2017, a customer filed an investment related complaint involving Thompson’s conduct where the customer requested damages estimated to exceed $5,000.00 founded on allegations that Thompson enabled an unauthorized party to effect an $88,000.00 transfer out of the customers investment account.
